Cryptocurrency news digest for the night of May 14, 2025

Johny Smith

2025/05/31

3 mins read


According to the latest data, bitcoin quotes (BTC) have grown a little over the past 24 hours. The digital coin added 1.2% in the cost, bargaining around $ 103,713. A more significant increase demonstrated ether (ETH), whose cost jumped 8.5% to $ 2665. SOLANA and DOGECOIN (DOGE) quotes increased by 7% and 8.6%.

Coinbase invests in StableCorp and develops QCAD

Coinbase has announced investments in the issuer of Stablecorp stablecoins in order to promote the QCAD token wealthy dollar (CAD). According to the head of Coinbase Canada, Lucas Mateson, the asset is created with a sight to solve the problems of local payment infrastructure. Coinbase plans to use QCAD to integrate into international channels.

Defi Development Corp increases a share in Solana

Defi Development Corp. (NASDAQ: DFDV) announced the purchase of 172.67 thousand SOLs at an average price of $ 136.81, for the amount of $ 23.6 million. The total portfolio of the company now is 595.98 tokens, including the income of stakeing, which is equivalent to $ 102.7 million. This indicates a growing institutional confidence in confidence in SOLANA ecosystemespecially in the context of the recent development of private DEX and increase activity in the Defi sector.

Etoro goes to NASDAQ with an estimate of $ 4.2 billion

The Etoro trading platform has officially posted its shares on the NASDAQ exchange under the Etor Ticer. The company produced 6 million securities at a price of $ 52, having received $ 310 million with a total estimate of $ 4.2 billion. This IPO confirms interest in retail platforms and may affect the competition in the cryptocurrency segment and shares. The received funds will probably be aimed at expanding the global presence and the development of new products.

MetaComp launches the Stablex platform for cross -border payments

The Singapore fintech company Metacomp introduced Stablex-a platform of cross-border foreign exchange payments, focused on a B2B segment. The site supports USDT and USDC and is intended for international merchants, finorganizations and payment services providers. This expands the practical application of stable coins and helps to include digital assets in traditional chains, especially in Southeast Asia.

Private DEX reinforce the positions in Defi on Solana

According to Pine Analytics, from 40% to 60% of the volume of trading on Solana now passes through private DEX, including Solfi, Obric V2 and Zerofi. Jupiter is still a key aggregator. These sites actively use internal treasury and their own oracles to increase efficiency, especially in stablecoins USDC And USDT And Sol parach. However, the expected technical upgrades from Solana Labs can change the balance of power in favor of more open solutions.

ETF: BTC outflow, ETH tributary

Spot-bitcoin-ETF recorded a clean outflow of $ 96.14 million, and Ethereum-Etf, on the contrary, showed an influx of $ 13.37 million. None of the 12 BTC-Fontov did not record funds, while all 9 ETH funds escaped outflows. This reflects the redistribution of institutional capital in favor of the broadcast against the backdrop of regulatory solutions and the development of new investment tools.